AVL 3.57% 1.5¢ australian vanadium limited

Ann: Trading Halt, page-36

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    This cap raise will not be a bad thing and was to be expected. The grant money would have been applied for on the basis of a big development project and was probably granted on the basis of a big program that would require capital in addition to the grant.

    Thats how these things work. Extra capital for expansion and production was a necessary part of progress. It is a positive and not the end of the earth as seen by some.
 
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